Value Place Franchise News

May 14, 2012 // Franchising.com // Wichita, Kan. – Value Place, the largest economy extended stay lodging franchise in the U.S., held its eighth annual Value Place Franchise conference at the Red Rock Resort in Las Vegas, NV. In attendance at this yearly event, hosted by the Value Place Franchise Services Team, were Value Place Franchisees, its Property Management Companies, and highly regarded Value Place vendor sponsors. Founder and Chairman Jack DeBoer and members of the Value Place executive team were also in attendance.
The goal of the annual conference was to encourage Brand growth through in depth education and group discussion. Sessions focused on best practices in the company’s core values – Affordable, Clean, Safe, Simple and Flexible...

Hotel Brand Provides a Better Night's Rest Through Local Ministry Organization
March 29, 2012 // Franchising.com // Value Place, the largest economy extended stay lodging franchise in the U.S. based in Wichita, Kan., is proud to announce a unique partnership with His Helping Hands, an outreach ministry program of Central Christian Church. Value Place has facilitated a mattress donation program between the Wichita area Value Place properties and His Helping Hands, benefitting its network of Wichita families in need.
On Thursday, March 29 volunteer teams from the Value Place Home Office and the Value Place Wichita North hotel (K96 & Oliver) will haul all gently used mattresses out of the hotel, and load on to the His Helping Hands truck from 10 a...

Largest Economy Extended-Stay Hotel Brand to Open in Alpharetta this Summer
February 10, 2012 // Franchising.com // Alpharetta, GA - Value Place announced today that construction has resumed on the property located at 860 McFarland Parkway (Highway 400 & McFarland Pkwy Exit) in Alpharetta. The 124-room hotel is expected to open July 1.
“Due the FDIC taking over the original local bank, construction was stalled. We have since obtained new financing from Equity Bank and construction resumed on Feb. 1,” said Value Place President and COO Kyle Rogg. Local construction firm Pat Cook Construction Inc. has been selected as the general contractor to complete the property. During this time Value Place has improved the interior finishes for greater guest satisfaction...

Rising Brand Continues To Grow, Adds Andy Anderson And Glenn Gordon
January 26, 2012 // Franchising.com // Wichita, Kan. – Value Place, the largest economy extended stay lodging franchise in the United States, announces the addition of two key members to its franchise development team. Andy Anderson and Glenn Gordon are appointed Vice Presidents of Franchise Development to continue driving Value Place’s rapid advancement in the short-term residential industry.
Anderson is a native of Scottsdale, AZ and is responsible for franchise development in the western half of the United States. In this role, he will leverage more than 15 years of business development and legal experience in the hospitality industry. Most recently, Anderson served as the Interim General Counsel and Executive Vice President of Acquisitions and Business Development for Infinity Capital Alliance...

Sep 19, 2011 (Wichita, Kan.) – Value Place, the largest economy extended stay lodging franchise in the U.S., announced today that Dan Weber has been appointed as CEO to lead the Value Place Brand in its next stage of growth. Mr. Weber succeeds CEO Greg Kossover, who will become the newest Value Place franchisee. Kossover will continue to serve as an advisor to the company through the end of the year to assist with the transition. The announcement was made today by Chairman and Founder of Value Place, Jack DeBoer.
DeBoer highlighted Kossover's long-standing association with the Value Place Brand and its future by stating, "I want to thank Greg for his many years of dedicated leadership. It is very exciting to have Greg remain closely associated with the company as the newest addition to our franchise community...

August 24, 2011 // Franchising.com // (Wichita, Kan.) – Value Place, the largest economy extended stay lodging franchise in the U.S., prides itself on extending the best value to its guests. This month Value Place Springfield expands upon this value and announces new management under M&M Properties Management, Inc., property renovations, and a special discount to those helping with the current tornado relief projects in the region.

Value Place takes pride in becoming an active part of the community in which its properties operate, and the team at Value Place Springfield has immediately identified a way to get involved -- through helping disaster relief efforts of the May 22 Joplin tornado. "Though most of the storm's aftermath is in the Joplin area, our property in Springfield has noticed a large number of guests overflowing from Joplin into Springfield who need lodging while they help with the cleanup projects," says M&M Properties Management Senior Vice President of Operations Jenny Meyer...

July 02, 2010 // Franchising.com // The first Value Place extended stay hotel in the Triangle has opened in Apex.

The 121-room hotel is located at the intersection of I-55 and U.S. 1 at 901 Lufkin Road.

Value Place is among the fastest growing hotel chains in the country, offering guests no frills suites with weekly rates starting at $179.99.

The Apex hotel is the eighth Value Place in the state. The company hopes to open at least six hotels in the Triangle within 10 years.

At Value Place, most of the amenities that guests take for granted at traditional hotels, such as a coffee maker, high-speed Internet and regular cleaning service, cost extra.

The approach has proven attractive at a time when corporations are slashing travel budgets and more people find themselves in housing limbo because they have relocated but can't sell the home they left behind or simply because they are out of work...

April 20, 2009 // Franchising.com // (Liberty, MO)---When Albert Stubbs woke up in his Value Place studio on April 2nd, he thought it was going to be just like any other day. That couldn't have been further from the truth: At 5 p.m., Stubbs was alerted that he won $50,000 through Value Place's $50k Refer-A-Stay Giveaway!

Stubbs, an Army man for over two decades, had been staying at the Value Place at I-35 and Barry Road in Liberty since accepting an installation food program manager position at Fort Leavenworth in September and was scheduled to be shipped out on April 3rd for a five-week training course but thankfully, Value Place officials were able to impart the good news before his departure. To say Stubbs was surprised to hear his name called would be an incredible understatement...

April 10, 2009 // Franchising.com // (Liberty, MO)---When Albert Stubbs woke up in his Value Place studio on April 2nd, he thought it was going to be just like any other day. That couldn't have been further from the truth: At 5 p.m., Stubbs was alerted that he won $50,000 through Value Place's $50k Refer-A-Stay Giveaway!

Stubbs, an Army man for over two decades, had been staying at the Value Place at I-35 and Barry Road in Liberty since accepting an installation food program manager position at Fort Leavenworth in September and was scheduled to be shipped out on April 3rd for a five-week training course but thankfully, Value Place officials were able to impart the good news before his departure. To say Stubbs was surprised to hear his name called would be an incredible understatement...

March 11, 2009 // Franchising.com // (Wichita, KS)---Value Place, the Wichita-based economy extended stay lodging brand, is pleased to announce that Philip H. Sanford has joined the company as its new president and chief operating officer.

Sanford comes to Value Place with nearly 30 years of experience beginning in the 1980s as an officer of a Coca-Cola bottling franchise. This Chattanooga, Tennessee-based operation, Johnston Coca-Cola Bottling Company, grew into an over $1 billion business and merged with Coca-Cola Enterprises (CCE) in 1989, prompting Sanford's relocation to Atlanta to serve as one of CCE's four executive officers. Though CCE continued its success – this year it will do over $20 billion in sales – Sanford wanted more out of his professional career and left CCE to pursue ownership of The Krystal Company, the second-oldest quick-service restaurant chain in the United States...

Value Place adds more locations for travelers and businesses August 29, 2008 // Franchising.com // Wichita, Kan., – Value Place announces it recently opened its 90th location and plans to open its 100th property this summer. The new opening puts the company on pace to have 150 hotels operating at the end of this year. This steady growth has occurred in only four years of franchising and fewer than five years since opening the first property in October 2003. This exceptional growth positions Value Place as one of the nation's fastest-growing hotel chains.

The sustained growth and success can be attributed to the relentless priority of offering a remarkably affordable extended stay hotel option that fulfills a need for a variety of guests, while striving to maintain the cleanest, most secure, simplest and most consistent environment in every Value Place hotel...

Value Place adds more locations for travelers and businesses

May 28, 2008 // Franchising.com // WICHITA, Kan. – Value Place announces it recently opened its 90th location and plans to open its 100th property this summer. The new opening puts the company on pace to have 150 hotels operating at the end of this year. This steady growth has occurred in only four years of franchising and fewer than five years since opening the first property in October 2003. This exceptional growth positions Value Place as one of the nation's fastest-growing hotel chains.

The sustained growth and success can be attributed to the relentless priority of offering a remarkably affordable extended stay hotel option that fulfills a need for a variety of guests, while striving to maintain the cleanest, most secure, simplest and most consistent environment in every Value Place hotel...

New Value Place Hotel Senior Vice President of Safety and Security Innovations is positioned to continue the priority of safety, security and comfort

Former Sheriff and law enforcement professional, Bob Creech named as Senior Vice President of Safety and Security Innovations for Value Place Franchise Services LLC

April 22, 2008 // Franchising.com // WICHITA, Kan.– Value Place Franchise Services LLC announces that Bob Creech has been named Senior Vice President of Safety and Security Innovations. Value Place is one of the nation's fastest-growing extended stay hotel chains.

A leading senior executive with an extensive background in law enforcement, organizational development, and directing security operations, Creech will be responsible for the continued expansion of Value Place's approach to safety and security, which remains a top priority for the company...

March 26, 2008 // Franchising.com // WICHITA, Kan.– Value Place, the nation's fastest-growing extended stay hotel chain, is pleased to announce that it recently received the Franchise Business Review's 2008 FBR 50 - Franchisee Satisfaction Award. Value Place is the only hotel chain to earn a spot on the coveted FBR 50™ list, recognized as the most exclusive award in franchising. This is Value Place's second FBR 50™ award.

The Franchise Business Review, a national franchise market research firm, conducts the annual survey of franchise satisfaction to pay tribute the companies that put their franchisees first and focus on the things that matter most. The awards are also designed to assist prospective franchise buyers in evaluating a franchise system...

WICHITA, Kan., Jan. 22 /PRNewswire/ -- Value Place Franchise Services LLC -- the nation's fastest-growing extended stay hotel chain -- announced today that Paul M. Mangiamele has been named Chief Development Officer/Senior Vice President of Franchise Development.

A leading senior executive with an extensive background in hospitality and franchising, Mangiamele is charged with leading Value Place's franchise development efforts, and will play a key role in fueling the company's aggressive expansion plans.

"Paul has an exemplary record of developing and implementing strategies that have resulted in tremendous financial and business growth for both start-up and Fortune 500 companies alike," said Gina-Lynne Scharoun, president of Value Place Franchise Services LLC...

Developer Accellerates in its 5-year Mission

October 30, 2007 // Franchising.com // Dallas, TX -- Quanah Hospitality Partners, LP (quanah.com), a leading franchise developer of Value Place extended stay hotels, has announced the opening of three new properties. The locations, all in Texas, at The Trophy Club, Rockwall and Forest Hill bring the total number of Quanah properties open or in development to 29.

The three concurrent openings represent a landmark achievement for the developer, which opened its first Value Place only 12 months ago.

In late summer Quanah unveiled a five-year plan to develop more than 100 Value Place properties, an industry leading pace. Quanah has been securing the necessary capital to fuel this unprecedented expansion effort, including a $100 million transaction in Summer 2007...